Category Archives: Asia

armstrongeconomics.com / by Martin Armstrong / Dec 28, 2017 The Year-End number for the Shanghai share index is 3239.5. A closing above this number will keep the market in a consolidation mode. Resistance stands at 3478.01 and support going into 2018 will reside at 2444.0. A closing below 3478.01 will warn that we may see a […]

In case you were wondering what the going-rate was for one of the world's richest men's freedom… it's $6 billion… in unencumbered cash (not Bitcoin). That is the price that Saudi authorities are demanding from Saudi Prince al-Waleed bin Talal to free him from detention. The 62-year-old prince was one of the dozens of royals, […]

marctomarket.com / by Marc Chandler / December 4, 2017 The US dollar opened higher in Asia and retained those gains through the European morning. The greenback has recouped most of the pre-weekend losses recorded in the wake of the indictment of a fourth former Trump Administration official by the special investigation into Russia’s involvement in last […]

The tense situation over North Korea’s nuclear program has one top Russian diplomat sounding the alarm. Russian Deputy Foreign Minister Igor Morgulov said that the world can no longer turn a “blind eye” to alarming speed with which North Korea is advancing their weapons of mass destruction. North Korea’s nuclear program could evolve into an “apocalyptic” scenario, Morgulov said. […]

In a shocking development, Saudi press Al Mayadeen reported late on Saturday that prominent billionaire, member of the royal Saudi family, and one of the biggest shareholders of Citi, News Corp. and Twitter – not to mention frequent CNBC guest – Al-Waleed bin Talal, has been arrested for corruption and money laundering charges, along with […]

The Lebanese Prime Minister, Saad al-Hariri, unexpectedly resigned on Saturday, saying in a fiery televised broadcast from Saudi Arabia that he feared for his life while also fiercely criticizing Iran. According to regional analysts, the move has “plunged Lebanon into crisis” amid heightened regional tensions. In his resignation speech, Hariri – whose farther, former prime […]

Authored by Andrew Korybko via Oriental Review, The half-a-trillion-dollar initiative to build a tristate city at the Saudi, Egyptian, and Jordanian border in the Gulf of Aqaba will more than likely lead to Riyadh recognizing Israel and integrating Tel Aviv into the project. The ambitious Saudi Crown Prince Mohammed Bin Salman unveiled a $500 billion […]

Authored by Andrew Korybko via Oriental Review, The US-Indian Strategic Partnership has rapidly evolved to such a point that the Indian government is now obliquely hinting that Russian twitter trolls are backing the country’s opposition leader, showing that New Delhi is willing to say and do anything in order to further ingratiate itself with Washington […]

A promotional video released on Tuesday features a lifestyle so far unavailable in Saudi cities. It showed women free to jog in leotards in public spaces, working alongside men and playing instruments in a musical ensemble. (Bloomberg – see below) Today the Saudi regime took another step forward in its effort (Vision 2030) to save itself by […]

As widely expected, Japan Prime Minister Abe’s ruling coalition is set for a sweeping victory in Sunday’s general election, and may retain the two-thirds parliamentary majority needed to revise Japan’s constitution, according to an NHK exit poll. Shortly after polls closed at 8pm, an NHK exit poll showed that Abe’s Liberal Democratic Party and coalition […]